8 Responses to “MORTGAGES HOME EQUITY LOANS REFINANCE RATES HOME LOANS CREDIT CARDS WE CATER ALL TYPES OF LOANS VISIT US NOW AND APPLY ONLINE NO FEES”

1. Hottiez Says:
   September 28th, 2009 at 3:45 pm

   If you have a great rate on the first then leave it. It also depends on the size of your HEloan. Ask your broker or bank to compare the two and see what's in your best interest. A HELOC is very easy depending on your credit. If the credit is good then you should expect a no closing cost loan at about 5%
   You can email with any other questions
   brandonbroker@yahoo.com

2. don c Says:
   September 28th, 2009 at 3:52 pm

   It all depends on the difference in the value of the place and the amount owed on the loan – that is what's considered your equity. Many banks will only loan up to about 80% of the equity, but a few go higher. For example, lets say you owe $50,000, but the place is worth $60,000, then you have $10,000 in equity. Take 80% of that and you have about $8,000 you could loan against.

   I found a great article about it on
   http://www.payoffmyloansnow.com

3. km Says:
   September 29th, 2009 at 4:14 am

   because the loan was secured by real estate it is technically a mortgage. If you do refinance you will be looking at a either a new conventional mortgage or a new home equity loan.

4. BamaboynTN Says:
   September 29th, 2009 at 12:58 pm

   Forget the economy and interest rates in general. The question is, what's best for you? Compare the two scenarios, overall costs of a refi verses the home improvement loan. If you are lowering your first mortgage rate at the same time you take cash out, usually that's the winner. I'd have to have details to make a call but it's your details I need, not the economy or who won the super bowl. If you need more info, send me an email.

5. KarenB Says:
   September 29th, 2009 at 11:29 pm

   hi there! Yes I am posting these links below to people with similar problems and I am getting tons of best answers, not sure which one of them is doing the trick though just take your time and go through it you are bound to find what helps you out!
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   if you get any luck please don't forget about me, hope it helped you.

6. Kate L Says:
   September 30th, 2009 at 1:23 pm

   If your mortgage interest is still sufficiently high that you're reporting it on Schedule A then a HELOC would probably be the right answer. However, the first thing to do is work out repayment terms with the doctor and hospital and see what your insurance will cover (a $200K+ house suggests you likely have a job that provides insurance).

7. I got 2 points for this answer Says:
   September 30th, 2009 at 11:31 pm

   In almost all cases you can roll them both into one loan, applicable regulations for apply as per the state you live in and seasoning requirements may also apply if the second was done less than 12 months. Check this out with your lender before you pay for anything. I did that with my home in Florida and there was no problems with it. Hope this helps

8. CHRISTINA N Says:
   October 1st, 2009 at 11:40 pm

   Hi there,

   When it comes to refinancing a home equity loan you reall have to shop around to make sure you get the best deal. You your deciding on your option you make to make sure you get the following
   *Competive Rate
   *Lower you repayments
   * Great Customer Service

   You must not forget the last point, remember your the customer and the customer is always right !!!!

   Give these guys a go, I think you will be pleasantly supprised
   http://tinyurl.com/yqnx37

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